19 Onboarding Stats To Blow Your Mind

Onboarding helps increase employee engagement and new hire productivity. An effective onboarding process also helps increase retention and overall company profitability. If you’re an HR professional, you understand the work required to recruit, hire, and retain top talent. While the statistics that support onboarding are overwhelming, not every business leader understands the power of the process. Here are 19 onboarding stats that will blow your mind.

Say What?

Four out of five companies don’t have a specific budget for onboarding (source)

Best-in-Class businesses are 2.5 times more likely to measure their new hires’ progress in the onboarding process (source)

Manager satisfaction increases by 20% when their employees have formal onboarding training (source)

Effective onboarding solutions are proving to be imperative systems for businesses today. Yet, there are statistics and numbers that show that not everyone understands the impact an effective onboarding process can have on a company. With the speed of technology and the continued development of AI, the businesses who invest in their onboarding processes will have a distinct competitive advantage over those who don’t. Which one will you be?

David LaMontagne is the Manager of Core Technology at Essium, a premiere software company that has developed an army of intelligent software robots to automate many tasks to enable consistent and efficient management of your onboarding processes with their compliance platform named PRYDE. Designed to give HR personnel a STRESS-FREE onboarding experience, PRYDE helps assimilate new employees and retain personnel long-term.